I know we'll get a notice explaining it, though I'm going to be wondering about it until it shows up.
We e-filed and received our refund months ago. The only thing we were expecting was the refund on unemployment income. At our taxable income last year, I expected it to show up as ~1224 $2244(12% 22% of $10,200, total unemployment income of ~$13k $11,640 for 2020). Instead, we got $2700+interest today. Does anybody have a guess why we got this amount? Could this be a mistake/refund processed correction that's not the unemployment refigure. It seems too round of a number for it to be some sort of correction.
MFJ+2 kids <6, filled out stimulus payment info correctly with original tax return.
Going back it looks like we made more in 2020 than I recalled, which puts us in the 22% bracket. (taxable income of 92k originally down to ~81k from the unemployment exclusion). I updated some numbers quoted in bold based on actuals. I also confirmed that we were correctly credited the $500 + $600 rebate credits for DS born last year.
Still the amount returned should be 22% on $10,200 $2244 and not $2700. Only one of us was on unemployment last year (and filed that way). My understanding was each unemployment collector would get a credit if household unemployment was >$10,200. Not MFJ households with unemployment income would get $10,200+$10,200 exclusion. So even if it was incorrectly calculated at $11,640*22%, I still end up with a total credit just $2,560.80 not $2700. That eliminates that possibility.
However, with it being so much closer to the actual expected amount rather than $1500 off, I'm going to turn my brain off on this and update if something else pops up here.